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Dogecoin's price continues to fall, struggling to find a stable support level. Once a cryptocurrency market favorite, this meme coin is dangerously close to a critical price zone that could trigger a further decline. Continued bearish sentiment could push DOGE's price even lower, potentially adding another zero to its value.
The price chart shows Dogecoin repeatedly failing to break through significant resistance, particularly around $0.18. Lower highs are consistently forming, indicating weak bullish momentum. A death cross (where the short-term moving average crosses below the long-term moving average) further reinforces the prevailing downward pressure.
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